Several Canadian carriers were among the winners of the 2013 SmartWay Excellence Awards. A total of 55 companies were recognized for their fuel-saving programs, including carriers, shippers and logistics companies. Canadian carriers to ...
Tags: Transportation
A panel of intermodal experts attending the 2013 Surface Transportation Summit, held Oct. 16 by Transportation Media with Dan Goodwill & Associates, shed light on where this mode of transport is headed going into 2014. The panel, ...
Tags: Transportation, Auto Parts
Volvo Trucks has announced the availability of an XE (exceptional efficiency) package for its 11-litre engine. The XE11 will be available on Volvo VNM and VNL models, rated at up to 80,000 lbs. The engine will be aimed at LTL, ...
Tags: Transportation, truck, Volvo
Turnover at large US truckload fleets continued to increase in the second quarter, according to The American Trucking Associations' Trucking Activity Report. Turnover in the second quarter rose two percentage points to 99%. "Continued ...
Tags: Transportation, Auto Parts, truck
TransForce has submitted a proposal to Vitran's board of directors to acquire any outstanding shares of Vitran they don't already own for USD $4.50 per share in cash. TransForce said they made the proposal with the intention of "entering ...
Tags: Transportation, Auto Parts
Industry analysts seem to agree that TransForce's offer to buy Vitran's Canadian operations for US$4.50 per share would be a good deal for Canada's largest LTL carrier. Walter Spracklin, analyst with RBC Capital Markets, said the deal ...
Tags: Transportation, Auto, Car
TransForce has made a bid for Vitran, proposing a takeover at $4.50 per share. TransForce already controls 9.51% of the outstanding shares of Vitran. Vitran recently sold its US LTL division to the Moroun family in Detroit, which also ...
Tags: Transportation, Auto Parts
Vitran announced today that it has entered into an agreement to sell its U.S. LTL business to a company owned by Matthew Moroun, son of Ambassador Bridge owner Manuel 'Matty Moroun. "For the last several years, Vitran has invested ...
Tags: Transportation, Auto Parts
Vitran announced today that it will sell its US LTL business, and will now focus on strengthening its Canadian operations. The company agreed to sell the US operations to a company owned by Ambassador Bridge - and multiple trucking ...
Tags: Transportation, Auto
PeopleNet today announced an integration with McLeod Software’s LoadMaster LTL to better address the complexities of the companies’ less-than-truckload customers. “In the dynamic LTL environment, driver’s ...
Tags: trucks, Transportation
Linktone Ltd. (Nasdaq: LTON) revealed that the Australian Securities Exchange (ASX) has approved for its ordinary shares to be listed in the form of chess depositary interest (CDI). On Friday, the company will get listed in the ASX under ...
Volvo Trucks has named Mike Randolph its new vice-president for North American national accounts. In his new role, Randolph will manage national accounts, developing total fleet solutions for LTL, truckload and private fleets, Volvo ...
Tags: Transportation, Volvo, Trucks
Mack Trucks showcased its liquefied natural gas (LNG) powered MACK® Pinnacle™ model to the transportation community today during the Alternative Clean Transportation (ACT) Expo. The on-highway tractor displayed at the show was ...
Tags: Mack Trucks
The top three carriers on Today's Trucking's Top 100 For-Hire Canadian fleets — TransForce, Mullen Group, and Vitran — have finished reporting their second-quarter 2013 results. Each company reported revenue drops of various ...
Tags: Transforce, Mullen
Keystone Western has announced its expansion into the US, with the addition of terminals in Minneapolis, Minn. and Fargo, N.D. The asset-based logistics company is headquartered in Winnipeg. "These two third-party facilities will ...
Tags: Transportation, Auto